Portugal: Market for Chlorates And Perchlorates, Bromates And Perbromates, Iodates And Periodates 2024

Market Size for Chlorates And Perchlorates, Bromates And Perbromates, Iodates And Periodates in Portugal

After seven years of decline, the Portuguese chlorates, bromates and iodates market increased by 4.1% to $X in 2021. Over the period under review, consumption, however, saw a pronounced shrinkage. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Production of Chlorates And Perchlorates, Bromates And Perbromates, Iodates And Periodates in Portugal

In value terms, chlorates, bromates and iodates production contracted slightly to $X in 2021 estimated in export price. Overall, production recorded a perceptible downturn. The pace of growth appeared the most rapid in 2020 when the production volume increased by 2.4%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Chlorates And Perchlorates, Bromates And Perbromates, Iodates And Periodates

Exports from Portugal

In 2021, after two years of growth, there was significant decline in shipments abroad of chlorates and perchlorates, bromates and perbromates, iodates and periodates, when their volume decreased by -20.4% to X tons. Over the period under review, exports recorded a sharp contraction. The most prominent rate of growth was recorded in 2016 with an increase of 2,703%. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, chlorates, bromates and iodates exports dropped notably to $X in 2021. Overall, exports continue to indicate a precipitous shrinkage. The most prominent rate of growth was recorded in 2016 when exports increased by 390% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Spain (X tons) was the main destination for chlorates, bromates and iodates exports from Portugal, with a 84% share of total exports. Moreover, chlorates, bromates and iodates exports to Spain exceeded the volume sent to the second major destination, Mozambique (X tons), sixfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Spain totaled -34.2%.

In value terms, Spain ($X) remains the key foreign market for chlorates and perchlorates, bromates and perbromates, iodates and periodates exports from Portugal, comprising 62% of total exports. The second position in the ranking was taken by Mozambique ($X), with a 24% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Spain stood at -39.3%.

Export Prices by Country

The average chlorates, bromates and iodates export price stood at $X per ton in 2021, which is down by -22.2% against the previous year. In general, the export price recorded a noticeable decline. The most prominent rate of growth was recorded in 2014 when the average export price increased by 300% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mozambique ($X per ton), while the average price for exports to Spain stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Spain (-7.8%).

Imports of Chlorates And Perchlorates, Bromates And Perbromates, Iodates And Periodates

Imports into Portugal

In 2021, supplies from abroad of chlorates and perchlorates, bromates and perbromates, iodates and periodates was finally on the rise to reach X tons for the first time since 2016, thus ending a four-year declining trend. In general, imports, however, showed a pronounced shrinkage. The growth pace was the most rapid in 2013 with an increase of 14%. Imports peaked at X tons in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, chlorates, bromates and iodates imports rose rapidly to $X in 2021. Overall, imports, however, showed a perceptible slump. The pace of growth appeared the most rapid in 2013 with an increase of 27% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

France (X tons), Canada (X tons) and Spain (X tons) were the main suppliers of chlorates, bromates and iodates imports to Portugal, together comprising 100% of total imports.

From 2012 to 2021, the biggest increases were recorded for Canada (with a CAGR of +7.2%), while purchases for the other leaders experienced a decline.

In value terms, France ($X), Canada ($X) and Spain ($X) appeared to be the largest chlorates, bromates and iodates suppliers to Portugal, with a combined 98% share of total imports.

In terms of the main suppliers, Canada, with a CAGR of +5.2%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average chlorates, bromates and iodates import price stood at $X per ton in 2021, remaining relatively unchanged against the previous year. In general, the import price saw a mild downturn. The pace of growth was the most pronounced in 2013 an increase of 12%. Over the period under review, average import prices reached the maximum at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Spain ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (-1.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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